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RBI, Govt not antagonistic to each other, says PC


Finance minister P. Chidambaram on Sunday rejected the perception that his ministry and RBI were at loggerheads over interest rates and other issues, and said that they were not ‘antagonistic’ to each other.

Sensex ends 162 points down


A benchmark index for Indian equities markets closed around one percent lower in Friday's trade following heavy selling in consumer goods, auto, bank and fast moving consumer goods (FMCG) stocks.


Subbarao says inflation still running high


India's inflation rate of 7.5 per cent is still high, the central bank governor Duvvuri Subbarao said on Friday, adding the RBI was on alert to manage both growth and inflation.

India's headline infl

Sensex closes flat on poor IIP numbers


A benchmark index for Indian equities markets closed flat Monday on disappointing industrial production data.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at

We have dispelled atmosphere of gloom and doom: PM


Prime Minister Manmohan Singh on Saturday said the government has dispelled the atmosphere of 'gloom and doom' and will soon announce steps to stave off investors' fears ensuing from taxations measure

Rupee recovers by 9 paise


The rupee recovered by 9 paise to Rs. 54.27 against the U.S. dollar in early trade on Friday at the Interbank Foreign Exchange on dollar selling by exporters and banks.

Besides, a higher opening in t

Sensex down 172 points; SBI, ONGC slump


A benchmark index for Indian equities markets was trading nearly one per cent down in the afternoon session on Friday due to disappointing earnings of bluechip firms like SBI and ONGC.

The 30-scrip s

Britain to end aid to India in 2015: Minister


Britain will stop all aid to India in 2015 and the assistance budget will be reduced by around ?200 million ($320 million) a year until then, the international development minister said Friday.


Sensex dips 166 points on profit-booking, global cues


The BSE benchmark Sensex declined by almost 166 points in early trade on Thursday as funds and retail investors preferred to book profits after six sessions of gains amid a weak trend in global market

FinMin wants cut in laptop purchases, tours by ministries


Curtail the purchase of laptops,avoid transferring officials and reduce foreign trips and miscellaneous expenses.

This advice forms part of a circular issued by the Finance Ministry to various minist

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.